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stands right now, and what advice might the late president ronald reagan have provided to help shape the gop's future? one reagan biographer thinks he knows. >>> and some folks already camping out for black friday deals, but that's not the only day when shoppers find bargains. ♪ jon: but first, back to the latest in the middle east. a dangerous conflict on the verge of spiraling into an a all-out war as two arch enemies show no signs of backing down. welcome to the second hour of "happening now," i'm jon scott. jenna: hi, everybody, i'm jenna lee, and the fighting rages on between israel and hamas. israel bombing a wider range of targets in gaza. but militants there, as we mentioned at the top of the show, retaining their firepower and not backing down, launching dozens of rockets into israel today including attacks hitting homes and an empty school as well. talks to arrange a ceasefire seeming to go nowhere. hamas says it's willing to stop the fighting if israel meets its demands, but israel saying hamas just first stop its attacks. the fighting is really capturing the world atten
the rates. think about it. we haven't touched it since ronald reagan really. in 1986. bill clinton did raise the rate one point but we haven't done anything to touch our rate and reform our code. every other country, all of them have. taxes gone from 16% to 15%. you do business there. this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more growth, whether corporate tax reform or individual tax reform. >> right but if the president insists as he did last friday, this was fought over in the campaign and, fought over tax rates, rising tax rates, he didn't ice the words rates himself but jay carney, the white house press secretary said the president will veto
is the payback from party leaders? guest: there is change and then there is change. tip o'neill and ronald reagan got together and saved the program. sometimes you need to adjust to change the thing you care most about. tip o'neill did not sell off the democratic party by embracing that. if we do it in a responsible way that doesn't gut the program, i think the base of the party will understand. the alternative is doing nothing with bad damage to the economy, or the right wing of the republicans coming in and taking over and their answer to the solution would be much more draconian. host: jack in kentucky. caller: i have one question. can you guarantee -- guest: i thought you're going to ask why indiana university and kentucky and not playing basketball this year. for the first time they are now playing and we are rivals. i cannot talk about classified information on tv. things like stinger missiles are very problematic and we do everything we can to keep track of them. muammar gaddafi stockpiles of weapons, surface- to-air missiles and we're doing everything to track those down and secure them.
s, of considers under ronald reagan and george w. bush's tax rates in 2003. it's interesting, i found two universal effects of those tax cuts. first, in every instance we cut the rates, the economy worked faster. it did work, mr. president, we got a lot of growth. but the second may be more interesting, is that guess what happened to the share of taxes paid by the rich. they went up, in fact, if you want to get more money, mr. president, out of rich people, cut their tax rate, don't raise them, because history proves it. >> dave: certainly did in the reagan years and another peace in the wall street journal a couple back, clinton rates, raised top tier 39.6 and as the authors of that piece said produced the one period of shared prosperity not because they raised taxes, but certainly lead to growth, right? >> no question. the 1990's was a prosperous era, but i think that sometimes people get a little of that history wrong what happened in the 1990's, president clinton raised taxes in the first year in office and remember, the first two years in office were a catastrophe and in fa
this benghazi thing. republicans have made such a big deal out of it. ronald reagan sent over 200 marines to their death and there was no public outrage. where is the republican outrage? only because of obama do we get this kind of reaction. thank you. host: edward, from miami, florida, this morning. another editorial, from being west, former infantryman. host: that is from the former assistant secretary of defense. we're taking your calls on this issue. b.j., good morning. caller: good morning. my question is, who is joe kelly? why would broadwell be sending her a threat in emails? host: do you think the senate needs to hold a hearing on this? caller: absolutely. i look forward to his testimony under oath this time, rather than giving the cock and bull story from before. it is all because of the video tape. now he cannot be blackmailed by anyone. host: joe kelly is described as a 37-year-old social liaison at the air force base in tampa. caller: did he have an affair with her? is that why he was so upset? host: you think these questions need to be looked up by congress? caller: i do not
, stagflation. in 1980, a very, very different president got elected. ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on small businesses and entrepreneurs, reagan limited regulation and the result was one of the most extraordinary bursts of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984, the same as the fourth year of obama's presidency. anyone know what g.d.p. growth was in 1984, 7.2%. our ideas work. their ideas don't. if you want growth, if you want jobs. if you want the 23 million people struggling to find work to get jobs, the answer is simple. you need growth and to get growth, you got to reduce and simplify the tax bu
Search Results 0 to 6 of about 7 (some duplicates have been removed)

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